Israeli Navy shells Khan Yunis coast, according to Noor News, while Israel also conducts airstrikes on multiple towns in southern Lebanon, according to Al Jazeera
The reports of Israeli military actions in Gaza and Lebanon highlight an escalation in regional tensions, which could contribute to risk-off sentiment in the markets.
US President Trump's complaints about Iran war leaks prompt aggressive DOJ investigations, and the Wall Street Journal has received subpoenas for records of reporters
UK Foreign Minister Cooper told UK PM Starmer he should see an orderly transition of power
Israeli Navy shells Khan Yunis coast, according to Noor News, while Israel also conducts airstrikes on multiple towns in southern Lebanon, according to Al Jazeera
Four UK cabinet ministers, led by the Home Secretary, have gone into Number 10 to tell the prime minister to set out a timetable for him to resign, according to ITV News
Iran Parliament Speaker Ghalibaf says "There is no alternative but to accept the rights of the Iranian people as laid out in the 14-point proposal." , "Any other approach will be completely inconclusive; nothing but one failure after another."
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This situation is likely to support demand for safe-haven assets like gold and the JPY while applying downward pressure on risk-sensitive currencies like the EUR and GBP. Additionally, energy prices, particularly WTI, may see volatility as the conflict influences supply chain perceptions.
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